Gold calx seems to be what you say, an opened dust of gold, it can also be done with aqua regia.

How would one make a gold calx?

Dissolve gold in aqua regia and evaporate it to crystals, add water and precipitate with potassium
carbonate.

Dissolve pure fine gold in aqua regis according to art (the aqua regis being made of a pound of
aqua fortis and four ounces of salt armoniac distilled together by retort in sand) which clear
solution put into a large glass of a wide neck and upon it pour drop by drop oil of tartar made per
deliquium, until the aqua aegis which before was yellow becomes clear and white, for that is a
sign that all calx of gold is settled to the bottom. Then let it stand all night, and in the morning
pour off the clear liquor, and wash the calx four or five times with common spring water, being
warmed, and dry it with a most gentle heat.

Note, and that well, that if the heat be too great, the calx takes fire presently like gun powder and
flies away to your danger and loss. Therefore, it is best to dry it in the sun, or on a stone, stirring
it diligently with a wooden spatule. To this calx add half a part of the powder of sulphur. Mix
them together, and in an open crucible let the sulphur burn away in the fire, putting a gentle fire
to it at the first, and in the end a most strong fire for the space of an hour so that the calx may in
some manner be reverberated and become most subtle, which keep in a vial close stopped for
your use.

Then make a spirit of urine after this manner. Take the urine of a healthy man drinking wine
moderately. Put it into a gourd which you must stop close, and set in horse dung for the space of
forty days. Then distill it by alembic in sand into a large receiver until all the humidity be
distilled off. Rectify this spirit by cohobation three times so that the spirit only may rise. Then
distill it in sand by a glass with a long neck having a large receiver annexed and closed very well
to it, and the spirit will be elevated into the top of the vessel like crystal without any aqueous
humidity accompanying of it. Let this distillation be continued until all the spirits be risen. These
crystals must be dissolved in distilled rain water and be distilled as before. This must be done six
times and every time you must take fresh rain water distilled. Then put these crystals into a glass
bolt head, close hermetically, and set in the moderate heat of a balneum for the space of fifteen
days so that they may be reduced into a most clear liquor. To this liquor add an equal weight of
spirit of wine, very well rectified, and let them be digested in balneum the space of twelve days,
in which time they will be united.

Then take the calx of gold above said, and pour upon it of these united spirits as much as will
cover them three fingers breadth. Digest them in a gentle heat until the liquor be tinged as red as
blood. Decant off the tincture and put on more of the aforesaid spirits and do as before until all
the tincture be extracted. Then put all the tincted spirits together and digest them ten or twelve
days, after which time abstract the spirit with a gentle heat and cohobate it once. And then the
calx will remain in the bottom like an oil as red as blood and of a pleasant odor, and which will
be dissolved in any liquor. Wherefore this oil may be the succedaneum of true gold. If you distill
the same solution by retort in sand there will come over after the first part of the menstruum the
tincture with the other part thereof, as red as blood, the earth which is left in the bottom of the
vessel being black, dry, spongy, and light. The menstruum must be vapored away and the oil of
gold will remain by itself, which must be kept as a great treasure. And this is Dr. Anthony's
Aurum Potabile.

Four or eight grains of this oil taken in what manner soever wonderfully refreshes the spirits, and
works several ways, especially by sweat.